Quote:
Originally Posted by ThisIsMelwood
Job done and we need to win another 11 games to finish the job.
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Don't think need 11 wins. We are top of the league not because we are better than last season. It's just that this season every other team is dropping more points than usual. Arsenal will continue to drop points when you least expect it. They are doing better now because the CL is on hiatus for them.
The Financial Fairplay was introduced at a time when teams began to borrow money to fund their expenses. Man U, Liverpool (Hicks and Gillet time), Barcelona, Real Madrid, the italian teams etc. So the expenses cannot be more than a portion of the revenue. Given that loan repayment is an expense, Financial Fairplay's use of a cap based on revenue means teams cannot keep borrowing.
Then comes the oily owners who use their cash to buy clients and fund expenses. Given that they have no loan repayment, the cap based of revenue means there is a limit of how much they can spend to improve their team. The Middle Eastern owners buy teams like Man City and Newcastle with lower revenues than the top 6. This becomes an issue because it breaches the European rules. Now sibeh messy already. Borrowing to spend money is financially irresponsible. Spending money you already have isn't financially irresponsible.
The Premier League will try to set rules based on the majority of the 20 EPL clubs but these rules will continue to be challenged in court because the oily owners want unrestricted ways to spend their money.
KNN. Man City thrashed Newcastle 4-0 because their Jan recruit scored a hat trick. Man City spent $150 million pounds in Jan. Moving ahead, the oily owners will just continue to buy their way to success. Football will just get more and more expensive. Will there be a point Liverpool can no longer compete financially because we don't have a sugar daddy?